In 2022, the cost of installed offshore wind energy worldwide averaged 3,461 U.S. dollars per kilowatt, a year-over-year increase of over 13 percent. This figure has been on a mostly continual downward trend since 2011, when it reached the peak of the decade at more than 5,900 dollars per kilowatt.
Weighted average cost of installed offshore wind energy worldwide from 2010 to 2022
(in U.S. dollars per kilowatt)
Characteristic
Average costs in U.S. dollars per kilowatt
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IRENA. (August 29, 2023). Weighted average cost of installed offshore wind energy worldwide from 2010 to 2022 (in U.S. dollars per kilowatt) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/?locale=en
IRENA. "Weighted average cost of installed offshore wind energy worldwide from 2010 to 2022 (in U.S. dollars per kilowatt)." Chart. August 29, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/?locale=en
IRENA. (2023). Weighted average cost of installed offshore wind energy worldwide from 2010 to 2022 (in U.S. dollars per kilowatt). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/?locale=en
IRENA. "Weighted Average Cost of Installed Offshore Wind Energy Worldwide from 2010 to 2022 (in U.S. Dollars per Kilowatt)." Statista, Statista Inc., 29 Aug 2023, https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/?locale=en
IRENA, Weighted average cost of installed offshore wind energy worldwide from 2010 to 2022 (in U.S. dollars per kilowatt) Statista, https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/?locale=en (last visited July 22, 2024)
Weighted average cost of installed offshore wind energy worldwide from 2010 to 2022 (in U.S. dollars per kilowatt) [Graph], IRENA, August 29, 2023. [Online]. Available: https://www.statista.com/statistics/506756/weighted-average-installed-cost-for-offshore-wind-power-worldwide/?locale=en